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Build with Leila Hormozi

Elon Musk's 6 Rules to Get Ahead of 99% of Businesses | Ep 262

Build with Leila Hormozi

Leila Hormozi

Education, Entrepreneurship, Management, How To, Business

5867 Ratings

🗓️ 14 April 2025

⏱️ 25 minutes

🧾️ Download transcript

Summary

Want to scale your business? Click here.

Welcome to Build where we talk about the lessons I have learned in scaling big businesses, gaining millions in sales, and helping our portfolio companies do the same. Buckle up, because we’re creating an unshakeable business.

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Transcript

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0:00.0

Most CEOs struggle to run one company.

0:03.0

Elon Musk runs three.

0:05.0

And SpaceX, specifically, they move faster than anyone.

0:08.0

They literally launch a new rocket every couple of days,

0:12.0

and they are rewriting the Playbook for aerospace.

0:14.0

He has six rules that keeps SpaceX ahead of everybody else in the industry.

0:19.0

So what I want to do is I want to break these down for you

0:20.8

these six rules. So by the end of this video, you will know how you can apply pieces of these rules

0:26.2

to your business so you can move faster. You can make sharper decisions and ultimately you can

0:30.7

build a world class business in your industry. So let's get into it. The first key idea is that

0:35.7

he is mission obsessed so much so that almost the entire

0:39.4

world knows what Elon Musk wants to do. He said, everything we do from designing rocket

0:44.7

engineers to shipping Starlink kits must push us closer to Mars. So this is an actual endgame for him.

0:50.7

It's not just a slogan that he has pasted on the wall that he's never going to look at, which is what a lot of people do.

0:55.8

It's a daily commitment and it is referenced in everything they do and everybody that works there can say they know what they're doing and how it leads to how we get to Mars.

1:03.9

So what do they do, right? How does SpaceX actually live out the mission of making humans multi-planetary?

1:09.6

I want to break down the three ways that they

1:11.8

keep Mars front and center every single day. So if you're a business owner, you're watching this,

1:17.1

and you're thinking, yeah, you know what? I need a mission that's so compelling that I can talk about it.

1:22.3

It doesn't just say paste on my wall, but I can integrate it into how all my employees work.

1:26.7

Then please listen to this

1:27.9

because Elon has put together a masterclass in terms of how to orient people to a mission.

...

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